THELOGICALINDIAN - Smooth Love Potion SLP is skyrocketing in amount aloof above-mentioned to the barrage of Season 20 of Axie Infinity the worlds best accepted playtoearn blockchain game
In a amount of days, the SLP badge triples in value. As of February 12, 2022, SLP is now affairs for $0.027 with a 24-hour ambit of.024 -.032.
The in-game bill has a bazaar assets of $927,503,521 and a trading aggregate of $1,365,400,410 during the 24-hour period.
SLP is now the 102nd better cryptocurrency by bazaar value.
The assemblage occurs afterward a cogent amend to the game’s economy, which removed amateur allowances for commutual key in-game tasks, such as Adventure Mode SLP and Daily Quest SLP.
Axie Infinity: How Does It Work?
In the apple of play-to-earn games, Axie is a acclaimed title. Its gameplay is aggressive by archetypal amateur like Pokémon and Tamagotchi.
Players can gather, breed, combat, and barter “Axies” in the game. SLP tokens are becoming as rewards and can be adored for in-game appearance such as ancestry new species.
Related Reading | Binamon NFT Game, on the Way to be the Next Axie Infinity on Binance Smart Chain
SLP is an ERC-20 badge that acts as an in-game bill in Axie Infinity, a accepted blockchain-based game.
Axie Infinity allows users to aggregate one-of-a-kind agenda creatures alleged Axies.
Axies are NFTs that can be bred, sold, or acclimated adjoin added players in combat. The Axie Infinity bold utilizes a multi-token abridgement and Axie Infinity Shards (AXS) as the ecosystem’s babyminding token.
SLP cryptocurrency is acclimated in-game to abutment Axie breeding. The Axie Metaverse allows for the buying, selling, barter of added cryptocurrencies on accurate exchanges.
How Does Axie Rewards Work?
One of the best contempo updates to Season 20 appears to be a 56% abridgement in the circadian accumulation of SLP tokens.
SLP will be removed from circadian questing and chance mode, added accretion the token’s scarcity.
SLP/BNB was added as a trading brace on Binance beforehand this week, acceptance traders to now barter BNB for SLP on the exchange.
When tokens are listed on a above barter such as Binance, they frequently acquaintance a amount access as the badge becomes added attainable to new investors.
While Axie Infinity’s SLP has apparent cogent increases in contempo months, it charcoal able-bodied beneath antecedent highs. Only seven months ago, the SLP badge has been trading at $0.39 per unit.
Meanwhile, the bold continues to allure an accretion cardinal of players and investors.
According to Crypto Records Australia, an Axie Infinity acreage artifice NFT awash for a record-breaking US$2.48 actor in November.
Related Reading | Philippine Government Requires A Cut In Profits From Popular Games Like Axie Infinity